Ondo Finance’s Tokenized Stock Platform Sees Significant Growth

Ondo Finance, a leading player in the tokenized stock market, has achieved a remarkable milestone. Its tokenized stock platform, Ondo Stocks, has surpassed $1.01 billion in total value locked, while the cumulative trading volume across its ecosystem has reached a staggering $27 billion since its launch in September 2025.

The platform supports over 440 tokenized U.S. stocks and ETFs, with each token backed by the corresponding security held through licensed U.S. custodial broker-dealers. This unique approach has attracted a significant number of investors, leading to a substantial increase in trading activity.

Trading Activity and Tokenized Assets

The trading figure puts cumulative turnover at roughly 26 times the current total value locked, reflecting the immense activity across centralized exchanges, decentralized venues, and primary mint-and-redeem flows. Centralized exchanges alone have accounted for $18 billion in Ondo Stocks volume, with $206 million of tokenized assets currently held across Binance, Gate, Bitget, and MEXC.

Furthermore, Ondo Perps, launched in July, has already cleared more than $8 billion in cumulative volume, including over $5 billion during the past 30 days. Open interest has reached as high as $87 million, while recent daily trading volume has topped $350 million.

Product Suite and Holder Growth

Ondo’s overall product suite has now crossed 200,000 holders, rising nearly 20% over the past month. Ondo Stocks accounts for 186,636 cumulative holders, while monthly transfer volume across the ecosystem reached $2.82 billion, up 25.37% month over month.

The company’s tokenized Treasury products are expanding alongside the equities business. USDY has grown to $2.15 billion in total asset value across 12 networks, more than doubling since the start of 2026. Ethereum (CRYPTO: $ETH) holds the largest share at $1.1 billion, followed by Stellar, Sei, and Solana (CRYPTO: $SOL).

Geographical Restrictions and Token Price

Ondo Stocks remains limited to eligible non-U.S. persons, while Ondo Perps is also unavailable in the United States and other restricted jurisdictions. The token price of Ondo (CRYPTO: ONDO) is currently trading at $0.33 U.S. per digital token.

The figures leave Ondo with growing activity across tokenized equities, derivatives, and Treasury-backed assets rather than a single onchain product line. This diversified approach has contributed to the platform’s success and its growing popularity among investors.